Argos Resources Ltd Director/PDMR Shareholding (0173H)
November 12 2018 - 1:02AM
UK Regulatory
TIDMARG
RNS Number : 0173H
Argos Resources Ltd
12 November 2018
ARGOS RESOURCES LIMITED
("Argos" or "the Company")
Director / PDMR Shareholding
Argos Resources Limited (AIM: ARG.L), the Falkland Islands based
company which holds a 5% Overriding Royalty Interest in Licence
PL001 in the North Falkland Basin, confirms that it has received
notification that on 9 November 2018 Argos Georgia Limited,
distributed a total of 700,000 Ordinary Shares for nil
consideration to Ian Thomson, Chairman of the Company. Argos
Georgia Limited is an entity in which Ian Thomson holds a 51.68 per
cent. interest. As a result of this transaction, Mr Thomson's
interest in the Company now stands at 28,544,701 shares,
representing 12.93 per cent. of the Company's issued share
capital.
For further information:
Argos Resources Limited (+500 22685)
www.argosresources.com
Ian Thomson, Chairman
John Hogan, Managing Director
Cenkos Securities plc (Nomad & Broker)
Derrick Lee (+44 131 220 9100)
Neil McDonald (+44 131 220 6939)
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Ian Thomson
----------------------------------------------------------- ----------------------------------------------------
2. Reason for the Notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Chairman
----------------------------------------------------------- ----------------------------------------------------
b) Initial notification/Amendment Initial
----------------------------------------------------------- ----------------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------------------------------
a) Name Argos Resources Ltd
----------------------------------------------------------- ----------------------------------------------------
b) LEI 213800JFBALNFGTAJM89
----------------------------------------------------------- ----------------------------------------------------
4. Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------------------------------------------------
a) Description of the Financial Ordinary Shares of 2p each
instrument, type of
instrument
----------------------------------------------------------- ----------------------------------------------------
Identification code FK0114538241
----------------------------------------------------------- ----------------------------------------------------
b) Nature of the transaction Transfer of shares
----------------------------------------------------------- ----------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
nil 700,000
----------------------------------------------------------- ----------------------------------------------------
d) Aggregated information: 700,000 Ordinary Shares for nil consideration
* Aggregated volume
* Price
----------------------------------------------------------- ----------------------------------------------------
e) Date of the transaction 9 November 2018
----------------------------------------------------------- ----------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(ARG)
----------------------------------------------------------- ----------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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